$1,075,000

401 Maryland AVE, Portsmouth, VA 23707

Multi-Family Home
Built in 1985
—— sqft lot
—— car garage
$——/sqft
Listed 2 months ago

Property Description

Nicely updated brick building featuring ten 1-bedroom apartments, each approx. 724 sq ft with large, flexible rooms. Current layouts offer spacious 1BR living, but the generous square footage provides a potential value-add path to convert to 2-bedroom units (subject to zoning and approvals), creating strong upside in both rent and property value. Renovations include modern finishes, refreshed kitchens/baths, and clean common areas, making this an attractive turnkey asset today with excellent future potential. Prime Portsmouth location close to shipyards, interstates, and employment centers keeps demand strong and vacancies low. Please do not disturb residents under any circumstances.

Listing Status:: Active
Data Last Updated:: February 14, 2026 at 4:38AM
Listing Office:: Inlet Realty : 757-276-3330
Listing Agent:: Ron Wilson :
MLS ID:: 10610808

Flooring: Laminate/LVP
A/C: Central Air
Heating: Heat Pump W/AProgrammable Thermostat

General: Vinyl
Parking: LotOff StreetStreet

Roofing: Asphalt Shingle
General: FrameRenovated2Crawl

County: Portsmouth VA

Zoning: HR

Utilities: City SewerCity WaterElectric

This listing courtesy of Ron Wilson , Inlet Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Waterview Elementary School

3649 Hartford St, Portsmouth, VA, 23707

Grades KG-6

0.86 miles away

Churchland Middle School

4051 River Shore Rd, Portsmouth, VA, 23703

Grades 7-8

3.43 miles away

Churchland High School

4301 Cedar Ln, Portsmouth, VA, 23703

Grades 9-12

3.05 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.